Your Estepona
Local questions for local people.
being 20 minutes to Marbella or only 45 minutes to Gibraltar, it is understandable why Estepona is so high in demand of late and a credible alternative to the other oſten over crowded destinations along the coast.
Jon Birt of Universal Real Estate
HOW HAS ESTEPONA CHANGED OVER THE LAST FEW YEARS? Estepona continues to grow as a much sought aſter holiday, investment or permanent re-location for people wanting to embrace the Spanish lifestyle. Tere has been much investment in the Estepona to attract more visitors, there is so much on offer to suit all tastes. Attractions include museums, art galleries, athletics stadiums, the charming old Town, many restaurants, bars and shopping. Tere are a number of new develoments being constructed which demonstates the increased desire for people looking to purchase property in this area of the Costa Del Sol offering property from traditional Spanish style to hi-end state of the art developments.
WHAT DOES ESTEPONA OFFER FOR EX-PATS? Tere is literally something for everyone in Estepona whether you prefer the more traditional Spanish pace of life you can find in the back streets of old Town or a 10 minute stroll down the el paeso you will find the vibrant Port of Estepona. So many people talk to us about how they love the atmosphere of the Port and the friendliness of the locals here. Tere are also lovely beaches to relax and take in the beautiful sea views at Playa De La Rada in the centre and Playa Cristo down by the Port area. Soon, Estepona will open its doors to its own state of the art Hospital which adds a further medical facility to those already established in the Town. We
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have found that health care provision and access is an important factor for many people as part of their purchasing criteria when we initially discuss our clients needs.
WHERE ARE THE HOT AREAS IN ESTEPONA? Alcazaba Beach always proves a popular urbanisation with our clients and these properties always hold their resale price and tend to move quickly once one becomes available. As we are based within Estepona Port, most enquiries we deal with are for the immediate Port area where we have Townhouses and Apartments within walking distance to all the cafes, bars and restaurants. We also have clients looking to buy in the old Town as they like the more traditional type of properties on offer in the cozy atmosphere. Te Wednesday and Sunday Markets in Estepona Port are very popular with locals and holiday makers alike where you can always bag a bargain or two.
IS THERE A STRONG RENTAL MARKET? Yes, absolutley. We speak daily with clients looking to initially rent a property for 6-12 Months giving them sufficient time to explore Estepona and the surrounding areas before we help them deciding upon a short list of properties to visit and purchase when the time is right. Owners who have property to rent can enjoy long term tenants seeking to spend the Year in the fantastic climate Estepona offers and
TALK US THROUGH A RECENTLY SOLD PROPERTY. We work colaborativley with a number of Real Estate Agents in Estepona and this enables us to offer our clients a wide selection of properties based upon thier requirements. We always take time in obtaining a detailed brief that enables us to match properties available in order to offer a succinct list to visit that matches their wish list. A recent example of this was with a family who were looking to purchase a holiday apartment as opposed to staying in one of the hotels in Estepona 3 or 4 times per Year. Aſter understanding what they were looking for in all aspects of the Apartment including location, accessability, price and potential rental revenue such a property could generate, we showed them 4 Apartments that we felt at least matched 80% of their requests and had an offer on one at the end of the day that was accepted. We recommend working with an Agent you feel comfortable with aſter an initial meeting and let us do the work for you. We work efficiently and at your desired pace managing each step of the process and we are proud to say that most of our clients have become our friends aſterwards.
Universal Real Estate RECENTLY SOLD
Universal Real Estate recently sold a one bedroom Apartment in Kai Alde, an urbanisation 5 minutes walk from the Port. The property was listed and we achieved the asking price of 135,000 euros. Within the week
following completion, the property had a long term rental tenant
secured paying 750 euros per Month. There is definatley a market for
investors looking to buy property in the area and with a tenant in situ this can often cover any mortgage payments.
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